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Bull Channel Base Supports *RES...>

EURO-DOLLAR TECHS
EURO-DOLLAR TECHS: Bull Channel Base Supports
*RES 4: $1.2092 2017 High Sept 8
*RES 3: $1.2037 Daily Bull channel top
*RES 2: $1.1961 High Nov 27
*RES 1: $1.1931 High Nov 30
*PRICE: $1.1892 @ 2000GMT
*SUP 1: $1.1884 High Nov 29 now support 
*SUP 2: $1.1817 Daily Bull channel base 
*SUP 3: $1.1813 Hourly support Nov 23 
*SUP 4: $1.1749 21-DMA
*COMMENTARY: The $1.1813 level confirmed significance with Thursday's bounce
retaining the integrity of the daily bull channel base. Immediate focus is now
on $1.1961 with a close above to see bulls targeting $1.2031-92 where the bull
channel top is noted. Bears now look for a close below $1.1813 to ease immediate
bullish pressure and below $1.1690 to confirm traction below key DMAs and shift
focus to tests of $1.1552 Nov lows.

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